Author: PPD Team Date: 04/12/2024
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Tata Power acquires 40% stake in 600 MW Bhutan hydropower project
Author: PPD Team Date: 30/10/2024 Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion. TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Teerth Gopicon secures solar project in Rajasthan
Author: PPD Team Date: 11/02/2025 Teerth Gopicon Private Limited has received a Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for developing 39.4 MW grid-connected solar photovoltaic (PV) projects in Rajasthan under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The scope includes design, supply, installation, testing, commissioning, and 25 years of Operation and Maintenance (O&M). The project is set for completion within nine months. Additionally, Teerth Gopicon has…
QatarEnergy and TotalEnergies partner for solar project in Iraq
Author: PPD Team Date: 30/10/2024 QatarEnergy has partnered with TotalEnergies to develop a 1.25 GW (peak) solar photovoltaic (PV) project in Iraq’s Basra region. Awaiting regulatory approvals, QatarEnergy and TotalEnergies will each hold a 50% stake in the solar facility, which ranks among the world’s largest solar projects. Equipped with two million bifacial solar panels and single-axis trackers, the project is set to provide clean energy to Iraq’s local electricity grid, powering approximately 350,000 homes…
Rajasthan partners with Telangana for energy expansion
Author: PPD Team Date: 05/03/2025 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) and Singareni Collieries Company Limited have signed a memorandum of understanding (MoU) to enhance power generation and supply, supporting the state’s goal of energy self-reliance and uninterrupted daytime electricity for farmers by 2027. The agreement aims to accelerate renewable energy development in Rajasthan by strengthening solar capacity and ensuring the timely execution of projects. As part of this initiative, the state government plans…
Gansu Energy Bureau approves 750 kV Wuwei North project in China
Author: PPD Team Date: 24/10/2024 The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, an essential component of the ‘Gong Electricity into Zhejiang’ initiative. The project, being developed by State Grid Wuwei Power Supply Company, a subsidiary of the State Grid Corporation of China (SGCC), involves constructing a new 750 kV substation with a transformation capacity of 4×2100 MVA and 232.5 km of 750 kV transmission lines….
MDBs pledge $120 billion for low-income nations at COP29
Author: PPD Team Date: 13/11/2024 At COP29 in Baku, Azerbaijan, leading multilateral development banks (MDBs) announced plans to collectively mobilize $120 billion annually in climate financing for low- and middle-income countries by 2030, with $42 billion dedicated to adaptation. The private sector is expected to contribute an additional $65 billion each year. High-income countries are set to receive $50 billion annually in climate finance, including $7 billion for adaptation. The MDBs exceeded their 2025 climate…
Tata Power acquires 40% stake in 600 MW Bhutan hydropower project
Author: PPD Team Date: 30/10/2024 Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion. TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Teerth Gopicon secures solar project in Rajasthan
Author: PPD Team Date: 11/02/2025 Teerth Gopicon Private Limited has received a Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for developing 39.4 MW grid-connected solar photovoltaic (PV) projects in Rajasthan under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The scope includes design, supply, installation, testing, commissioning, and 25 years of Operation and Maintenance (O&M). The project is set for completion within nine months. Additionally, Teerth Gopicon has…
QatarEnergy and TotalEnergies partner for solar project in Iraq
Author: PPD Team Date: 30/10/2024 QatarEnergy has partnered with TotalEnergies to develop a 1.25 GW (peak) solar photovoltaic (PV) project in Iraq’s Basra region. Awaiting regulatory approvals, QatarEnergy and TotalEnergies will each hold a 50% stake in the solar facility, which ranks among the world’s largest solar projects. Equipped with two million bifacial solar panels and single-axis trackers, the project is set to provide clean energy to Iraq’s local electricity grid, powering approximately 350,000 homes…
Rajasthan partners with Telangana for energy expansion
Author: PPD Team Date: 05/03/2025 Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) and Singareni Collieries Company Limited have signed a memorandum of understanding (MoU) to enhance power generation and supply, supporting the state’s goal of energy self-reliance and uninterrupted daytime electricity for farmers by 2027. The agreement aims to accelerate renewable energy development in Rajasthan by strengthening solar capacity and ensuring the timely execution of projects. As part of this initiative, the state government plans…
Gansu Energy Bureau approves 750 kV Wuwei North project in China
Author: PPD Team Date: 24/10/2024 The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, an essential component of the ‘Gong Electricity into Zhejiang’ initiative. The project, being developed by State Grid Wuwei Power Supply Company, a subsidiary of the State Grid Corporation of China (SGCC), involves constructing a new 750 kV substation with a transformation capacity of 4×2100 MVA and 232.5 km of 750 kV transmission lines….
MDBs pledge $120 billion for low-income nations at COP29
Author: PPD Team Date: 13/11/2024 At COP29 in Baku, Azerbaijan, leading multilateral development banks (MDBs) announced plans to collectively mobilize $120 billion annually in climate financing for low- and middle-income countries by 2030, with $42 billion dedicated to adaptation. The private sector is expected to contribute an additional $65 billion each year. High-income countries are set to receive $50 billion annually in climate finance, including $7 billion for adaptation. The MDBs exceeded their 2025 climate…
Tata Power acquires 40% stake in 600 MW Bhutan hydropower project
Author: PPD Team Date: 30/10/2024 Tata Power Company Limited (TPCL) has signed a share purchase agreement to acquire a 40% equity stake in Khorlochhu Hydro Power Limited (KHPL) for the development of a 600 MW hydropower project in Bhutan, valued at Rs 69 billion. TPCL will invest approximately Rs 8.3 billion in cash over multiple tranches during the next five years.
Teerth Gopicon secures solar project in Rajasthan
Author: PPD Team Date: 11/02/2025 Teerth Gopicon Private Limited has received a Letter of Intent (LoI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for developing 39.4 MW grid-connected solar photovoltaic (PV) projects in Rajasthan under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The scope includes design, supply, installation, testing, commissioning, and 25 years of Operation and Maintenance (O&M). The project is set for completion within nine months. Additionally, Teerth Gopicon has…